Quote from: Vaskiy on June 21, 2021, 08:13:17 PM

Quote from: cryptozanga on June 21, 2021, 08:05:58 PM

Well, here is the big problem of Bitcoin from my view, 90% of all Bitcoins are owned by just 1% of the wallets created, this mean that if people buy today they are just doing the rich richer, i know that here we have some of the Bitcoin holders since 2013 but that doesn't change the real problem, Bitcoin is a millonaries game right now, retail investors can't do a shit about that.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

This has happened as a rich man's game, but we can't say it has benefited only the rich. Market is volatile, which is its inbuilt feature. This volatility is much used by this massive holders as they've got large holding and has the ability to move the market to some extent. We need to be clear even though 90% is with 1% people the market hasn't gone under their hands/control. This is the true potential of the network.

Yeah, you have some point for that because even the poor who knows how to take advantage of the market can also earn a huge amount of money. some other people I know have nothing when they were first started in the crypto industry. just a small capital from bounties back when the payment was good and legit. Now they have become a millionaire and they know how to earn on the market especially when it look likes bad. because they know that when the market is currently experiencing a bearish trend, it will somehow find its way back up again.